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Sunday, 30 July 2017

Xapo

Xapo was one of the first wallet providing wallet services. This fascinating wallet with have a PIN code that provides high security to your account. Back in 2016 there were more than 100's of faucets paying directly to Xapo but most of them are now closed. Xapo is available on Desktop, Android and Itunes.

Xapo states:

The Xapo App is a mobile Bitcoin and multi-currency wallet that combines convenience and industry-leading security for managing your Bitcoins and sending money to friends and family instantly all over the world!

Some Amazing Features of Xapo Include
- Xapo Wallet: Functions just like a checking account for managing daily spending.
- Easily send, receive, and convert funds in all currencies worldwide.
- Top up your account with cash, bank transfers, credit card, or Bitcoins
- Use your Xapo Debit Card for in-store purchases, online, and at ATMs worldwide.

Pros

- You can order a Xapo debit card and spend Bitcoins in your daily life this just works as a charm
- High security with Pin codes and 2FA.
- User friendly
- Shows live Bitcoin price
- Your Bitcoins can be converted into multiple fiat currencies with in  the wallet charging no fees
- Have a cold storage wallet for extra protection of your funds
- Free transfer from Xapo account to another Xapo account
- Provides you with a Debit card so you can spend your Bitcoins on several places.

Cons

- You don't own private keys to your wallet
- Dynamic bitcoin transaction fees, i.e. you can not choose transaction fees on your own
- Doesn't ship debit cards in some countries

You can Sign Up for Xapo Here.

I personally recommend using Xapo or Coinbase because of their high security and a reputation in market. They also don't charge extra fees for your transactions and to your surprise till 2016 they were paying your Bitcoin transaction fees until the Bitcoin network fees increased more than twice.

Sign Up On Xapo now and secure your Bitcoins! Alternatively you can also download Xapo app for Android Here or from Itunes Here

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Monday, 15 May 2017

Coinbase

Based in San Francisco, California Coinbase is one of the oldest and most trusted Bitcoin wallet and a way to exchange Bitcoins for fiat or vice versa in several countries. Over time Coinbase has started supporting Ethereum and Litecoins which also lead to increase in their prices. You can exchange your fiat money into digital asset using Coinbase in 33 countries.

Coinbase is a multi wallet supporting 3 digital currencies, and a secure way to store them.
Coinbase bitcoins transaction has been free for many years until Feb 2017 when Bitcoin transaction fees increased and Coinbase permanently stopped supporting free Bitcoin transfers except for transaction between one Coinbase account to another.

Coinbase also acts as a Bitcoin exchange where you can easily convert your Bitcoins. Founded in June 2012 by Brian Armstrong and Fred Ehrsam Coinbase have a legal status in States. It is estimated that Coinbase have over 2.8 million users as of now.

Pros
- Secure digital wallet
- Available on several platforms
- Supports withdrawals in fiats in many countries
- Easy tool to trade between fiat and Bitcoin
- Provide merchant services
- High security
- Fast and reliable support
- Regulated wallet and exchange
- A very unique referral program

Cons
- There are events of  downtime accessing Coinbase during Bitcoin's price volatility
- Help from support can be delayed
- No other license outside USA
- You can be ineligible for Coinbase merchant account for no reason
- You don't own private keys to any of your wallet.

Coinbase Android Wallet
Coinbase iOS Wallet

Official Coinbase Webstie
Coinbase Logo
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